The Globe and Mail reports in its Tuesday edition that TD Bank is under escalating pressure to shake up its leadership in response to emerging details about its anti-money-laundering gaps that prompted a probe from U.S. regulatory and law-enforcement agencies. The Globe's Stefanie Marrota writes that TD is the subject of a lengthy investigation tied to a $653-million (U.S.) money-laundering and drug-trafficking operation, providing a long-awaited look into the issues that derailed TD's acquisition of Tennessee-based First Horizon last year. The latest revelations have bolstered worries about TD's growth prospects and cast further doubt over chief executive officer Bharat Masrani's remaining time in the top job. "Repeated control failures call for a refresh of the management team," Jefferies analyst John Aiken said in a note. While some changes have been made to U.S. operations, "These failures are likely to call for more dramatic changes at the executive committee level." Mr. Masrani has been CEO for a decade. In another blow to the bank's reputation, doubt is rising among analysts and investors over the board's ability to prepare a successor after several high-profile departures dwindled the pool of CEO candidates.